PhD Viewbook - page 18

The PhD Program in accounting at Booth is one of the world’s leading accounting PhD programs and regularly
places its graduates at leading business schools and universities around the world. Its graduates include some of
the most influential accounting researchers over the last 50 years, including Ray Ball, William Beaver, Phil Berger,
Philip Brown, Joel Demski, Anthony Hopwood, Charles Horngren, Mark Lang, Baruch Lev, Stephen Penman,
Katherine Schipper, Ross Watts, and Greg Waymire. Chicago is the home of the
Journal of Accounting Research
one of the elite academic accounting journals in the world. Booth accounting faculty are actively engaged in
research at the highest levels and regularly publish their research in the top accounting journals. The faculty are
actively engaged with the PhD students, fostering a vibrant research culture, and new entrants to the program
can look forward to a challenging and stimulating experience at Booth that will prepare them for a high-level
teaching and research career. Faculty and PhD research is currently focused on using empirical archival and
analytical research methods to study important problems in financial accounting and disclosure, auditing, and
managerial accounting, as well as related areas such as corporate finance and corporate governance.
Research and courses in the behavioral science program focus on how people use information to make decisions,
and how they interact with one another in groups and organizations. Studies in this area draw on theory and
research from cognitive and social psychology, economics, and related fields. Behavioral science applies these
disciplines to the study of human behavior relevant to a range of different managerial contexts. Examples include
cognitive processes of judgment and decision making; psychological aspects of economic behavior; learning,
reasoning, and problem solving by individuals, teams, and organizations; processes in negotiations; power and
influence; and organizational decision making. Students develop personal research programs, in collaboration
with faculty members, based on their interests in particular types of behavioral phenomena, with applications to
management and other domains of policy and action.
Econometrics and statistics are concerned with the development of quantitative methodology for the analysis of
economic and business problems. To this end, students focus on the combination of economic, mathematical,
statistical, and computational theory and methods with applications in finance, marketing, price theory, industrial
organization, macroeconomics, and data mining. Study in this area integrates a comprehensive program of
coursework with extensive research. The program is designed for students who wish to do research in statistical
methodology that is motivated by business applications. Students are able to design an individual program of
study by combining courses in specific areas of business, such as economics, finance, accounting, marketing,
or international business with advanced courses in statistical methods. Empirical work has always been an
important part of the research effort in all fields at Chicago Booth. Econometrics and statistics courses provide
the tools necessary to perform such studies.
Chicago BOoth P
d Program
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